Natural Gas Services Group NGS Rentals — Trade accounts receivable

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FAQ

What is Natural Gas Services Group's rentals — trade accounts receivable?

Natural Gas Services Group (NGS) reported rentals — trade accounts receivable of $20.68M in Q1 2026.

How has Natural Gas Services Group's rentals — trade accounts receivable changed year-over-year?

Natural Gas Services Group's rentals — trade accounts receivable increased by 44.2% year-over-year, from $14.34M to $20.68M.

What does rentals — trade accounts receivable mean?

This metric represents the total outstanding balance owed by customers for rental services provided within the compression equipment segment. It reflects the credit extended to clients for the use of natural gas compression assets and serves as a key indicator of the company's ability to collect payments from its rental customer base. Monitoring this balance helps assess the credit risk and liquidity associated with the rental business unit.